Arkema S.A. (OTCMKTS:ARKAY) Short Interest Up 255.6% in November

Arkema S.A. (OTCMKTS:ARKAY) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 6,400 shares, a growth of 255.6% from the October 31st total of 1,800 shares. Based on an average trading volume of 28,200 shares, the short-interest ratio is currently 0.2 days.

Analyst Ratings Changes

Separately, Berenberg Bank upgraded Arkema from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 31st.

Arkema Trading Up 0.7 %

Shares of Arkema stock traded up $0.54 during trading hours on Friday, reaching $78.18. The stock had a trading volume of 16,223 shares, compared to its average volume of 18,121. The company has a current ratio of 1.86, a quick ratio of 1.38 and a debt-to-equity ratio of 0.38. Arkema has a 1 year low of $76.21 and a 1 year high of $114.15. The firm has a market capitalization of $5.95 billion, a price-to-earnings ratio of 8.72, a P/E/G ratio of 0.45 and a beta of 1.27. The firm has a 50 day simple moving average of $88.12 and a two-hundred day simple moving average of $91.03.

Arkema (OTCMKTS:ARKAY) last announced its quarterly earnings results on Wednesday, November 6th. The basic materials company reported $2.45 earnings per share for the quarter. The firm had revenue of $2.63 billion during the quarter. Arkema had a net margin of 3.82% and a return on equity of 7.99%. As a group, equities research analysts anticipate that Arkema will post 9.05 earnings per share for the current year.

Arkema Company Profile

Arkema SA manufactures and sells specialty chemicals and advanced materials worldwide. The company operates in three segments: Adhesive Solutions, Advanced Materials and Coating Solutions, and Intermediates. The Adhesive Solutions segment provides solutions for construction, renovation of buildings, DIY, durable goods, and packaging and non-woven applications; and supplies technologies used in building activities for businesses and individuals, including sealants, tiles, flooring adhesives and waterproofing systems, and technologies used in industry, which include automotive, textiles, glazing, flexible and rigid packaging, and hygiene markets.